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PROVIDENCE, RI

Hassenfeld Foundation

Quick Facts

EIN
056015373
Location
PROVIDENCE, RI
Category
General
Total Assets
$55.2M
Annual Income
$10.6M
IRS Ruling Year
1947
Organization Type
Corporation
Principal Officer
% Alan G Hassenfeld
Tax Deductibility
Contributions are deductible

About This Foundation

Hassenfeld Foundation is a private corporation based in PROVIDENCE, RI. The foundation received its IRS ruling in 1947. The principal officer is % Alan G Hassenfeld. It holds total assets of $55.2M. Annual income is reported at $10.6M. Contributions to this foundation are tax-deductible.

View 990 Filings

Financial Overview

Total Giving

$10.7M

2023+4%

Total Assets

$60.9M

2023-2%

Fair Market Value

$70.2M

2023

Net Worth

$59.9M

2023

Grants Paid

$10.1M

2023

Contributions

$4.6M

2023

Net Investment Income

$5.3M

2023

Distribution Amount

$3.4M

2023

Total Giving by Year

$4.4M
11
$4.5M
12
$6.8M
13
$5.2M
14
$17.4M
15
$12.6M
19
$9.3M
20
$11.1M
21
$10.2M
22
$10.7M
23

Asset Growth

$2.6M
11
$4.2M
12
$2.6M
13
$1.9M
14
$28.5M
15
$78.9M
19
$73.1M
20
$69.7M
21
$62.1M
22
$60.9M
23

Investment Portfolio (2023)

Total: $45.8M

Corporate Stock: $30M
Corporate Bonds: $13.9M
Government Obligations: $1.9M
Other Investments: $8.5M
Corporate Stock (55%)
Corporate Bonds (26%)
Government Obligations (4%)
Other Investments (16%)

Expense Breakdown (2023)

Grants Paid$10.1M
Accounting Fees$50K

Revenue Sources (2023)

Contributions
$4.6M
Capital Gains (Net)
$3.6M
Dividends
$2M
Other Income
$179K

Financial Details (2023)

Total Revenue
$10.4M
Total Expenses
$10.7M
Exempt Purpose Expenses
$10.2M
Required Distribution
$3.4M
Undistributed Income
$0
Total Liabilities
$1M
Excise Tax
$74K

Foundation Classification (2023)

Operating FoundationGrants to IndividualsNon-Charity GrantsLobbying ActivityExcess Business Holdings

Grantmaking Insights

Total Grants

43

Total Giving

$10.1M

Average Grant

$234K

Median Grant

$239K

Grant Range

Min$10K
Max$1.2M
Median: $239K
Smallest grantLargest grant

Geographic Distribution of Grants

AK
ME
VT
VT: $200K (1)
NH
WA
ID
MT
ND
MN
WI
MI
NY
NY: $1.7M (11)
MA
MA: $1.4M (8)
CT
RI
RI: $3.5M (13)
OR
NV
WY
SD
IA
IL
IL: $673K (3)
IN
OH
PA
NJ
CA
CA: $1M (1)
UT
CO
NE
MO
KY
WV
VA
VA: $400K (1)
MD
DE
DC
AZ
NM
KS
AR
TN
NC
SC
OK
LA
MS
AL
GA
FL
FL: $900K (4)
HI
HI: $300K (1)
TX
RI$3.5M (13)
NY$1.7M (11)
MA$1.4M (8)
CA$1M (1)
FL$900K (4)
IL$673K (3)

Past Grantees

RecipientLocationAmountYear
Brown UniversityAlan G. Hassenfeld Child Health Innovation Institute - Public HealthProvidence, RI$1.2M2023
The Cats2 FoundationOWL ECO For Schools ProgramSunnyvale, CA$1M2023
University Of ChicagoUnrestrictedChicago, IL$593K2023
Brown UniversityAlan G. Hassenfeld Child Health Innovation Institute - Public HealthProvidence, RI$500K2023
Women & Infants Hospital FoundationUnrestrictedWarwick, RI$403K2023
Marine Toys For Tots FoundationUnrestrictedTriangle, VA$400K2023
Tufts UniversityEllen H. Block Career Services CenterBoston, MA$398K2023
Brown UniversityAlan G. Hassenfeld Child Health Innovation InstituteProvidence, RI$301K2023
Brown UniversityAlan G. Hassenfeld Child Health Innovation Institute - Public HealthProvidence, RI$301K2023
Population & Development InternationalMechai Bamboo SchoolKailua, HI$300K2023
Massachusetts General HospitalHassenfeld Cardiovascular Scholars Program FundBoston, MA$300K2023
Hasbro Children'S HospitalGeneral FundProvidence, RI$300K2023
Dream It FoundationUnrestrictedDoral, FL$295K2023
Dream It FoundationUnrestrictedDoral, FL$295K2023
Dream It FoundationUnrestrictedDoral, FL$295K2023
The Strong National Museum Of PlayHasbro Game ParkRochester, NY$292K2023
Massachusetts General HospitalHassenfeld Cardiovascular Scholars Program FundBoston, MA$271K2023
The Jerusalem FoundationUnrestrictedNew York, NY$259K2023
Jewish Alliance Of Greater Rhode IslandUnrestrictedProvidence, RI$250K2023
The Strong National Museum Of PlayHasbro Game ParkRochester, NY$241K2023
The Jerusalem FoundationUnrestrictedNew York, NY$241K2023
American Friends Of The Israel MuseumIron Tree AcquisitionNew York, NY$239K2023
One Tree PlantedUnrestrictedShelburne, VT$200K2023
Brandeis UniversityHassenfeld Fellows Overseas Immersion ProgramWaltham, MA$175K2023
The Strong National Museum Of PlayHasbro Game ParkRochester, NY$158K2023
Brandeis UniversityHassenfeld Fellows Overseas Immersion ProgramWaltham, MA$151K2023
Brown UniversityPerforming Arts BuildingProvidence, RI$100K2023
The Jerusalem FoundationEmergency FundNew York, NY$100K2023
Games For ChangeUnrestrictedNew York, NY$100K2023
Jewish United Fund Of Metropolitan ChicagoJUF Annual CampaignChicago, IL$60K2023
The Hummel ReportUnrestrictedProvidence, RI$50K2023
Salve Regina UniversityOcean State Stories InitiativeNewport, RI$50K2023
Institute Of Contemporary ArtFund for the Future Phase IIBoston, MA$50K2023
Crossroads Rhode IslandRoads to Home CampaignProvidence, RI$50K2023
Massachusetts General HospitalHassenfeld Cardiovascular Scholars Program FundBoston, MA$29K2023
Temple Emanu-ElUnrestrictedProvidence, RI$28K2023
American Friends Of The Israel MuseumAFIM Board Of Director Annual FundNew York, NY$25K2023
Brandeis UniversityHassenfeld Fellows Overseas Immersion ProgramWaltham, MA$24K2023
American Friends Of The Israel MuseumIron Tree AcquisitionNew York, NY$21K2023
University Of ChicagoBHC Collaborative for Family ResilienceChicago, IL$20K2023
Norton Museum Of ArtContemporary And Modern Art CouncilWest Palm Beach, FL$15K2023
Brown UniversityPublic Health Annual FundProvidence, RI$10K2023
Nyu Langone HealthRadiothonNew York, NY$10K2023

990-PF Filings

Tax PeriodReturn TypeView
2023-12990PFView Filing
2022-12990PFView Filing
2021-12990PFView Filing
2020-12990PFView Filing
2018-12990PFView Filing
2016-12990PFView Filing

Filings sourced from IRS e-file index. View all on ProPublica

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